Question
Thinking in Systems: A Primer" has significantly influenced corporate strategies and business models by encouraging a holistic view of business operations. It has led to the understanding that every part of a business is interconnected and that changes in one area can have significant impacts on others. This has resulted in more strategic decision-making, with businesses considering the wider implications of their actions. For example, businesses have become more aware of the sustainability of their resources, understanding that over-extraction can lead to resource depletion, as illustrated by the whaling industry example in the book. This has led to more sustainable business practices and models.
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The constraints imposed on a renewable vs. non-renewable system differ based on stocks and flows. For example, non-renewable resources are stock-limited whereas renewable resources are flow-limited. If you extract a resource faster than it can regenerate, it will essentially create a non-renewable system. Whaling was one of the most prominent businesses in America before scientists understood the animals' long reproductive cycles. At the time, whales appeared to be an infinite resource but proved to be quite the opposite.
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